As a young investor you don't need a million dollar to investing in Bitcoin you can invest $200, $300,$500, everyday for 2 or 3 years you will be a millionaire, I know that is how must people start up there Bitcoin investment journey and today they are millionaires, so this is also a way for the young investors to start, thank you.
As newbie in investment that amount is quite big enough but it's your choice that's your thoughts but for me exist money can really a good amount to invest in a longterm. Using our extra money is good cause we don't need keep an eye on that cause we all know that is our extra money so if it is failed then that's okay but if it is a successful then that's a good one. It's better if don't have specific amount as long us we can buy daily or weekly then that's a good start if investment. And newbie or a young person in investment must know about this.