OP $1000 is one hell of a cash, if I were you I'd split the money into two equal parts, 50/50. Invest $500 on Bitcoin and the other half I'll send to the bank.
It is important to know that you should never invest money you can't afford to lose, the money you can afford to invest depends on how comfortable you are with risk taken, that's another one you need to consider. Since is your first investment never make it your last out of desperation, let patience do the work.