You won't have to solder the wires right away...just strip & twist them temporarily to see if the car will start. It's just a good idea for a permanent repair. Loose wires, connectors and grounds will make you tear out your hair...if you work on old Japanese bikes, you'll understand the wisdom of this statement.
Get a cheap inline holder like this one:
http://www.tti-plus.com/8-Gauge-MAXI-Fuse-Holder-W-Weather-Cap-50-AMP-Fuse-p/tti-maxi-f8g-50.htm They're probably for sale at Advance Auto, Pep Boys, etc. Get some spare 50-amp fuses too.
Check the wire for shorts/shot insulation, etc. FIRST. Then go check for other blown fuses. Then start on replacing the link.
Pull the positive cable off the battery, cut the fusible link out, strip some wire, twist those leads together with the fuse holder, temporarily tape them up, reconnect the battery and try to start the car. Go back and check the wire to see if it's abnormally hot or the fuse is blown.
Soldering is pretty easy...there are lots of tutorials out there. It makes a really nice electrical contact, so you don't have to worry about high resistance in the wire melting or burning stuff. Flux is an acidic cleaner that provides a path for the solder to flow.
After you've fixed the problem, disconnect the battery again, pull the tape off, brush some flux on the exposed copper, heat the wire with the iron until you can melt solder into the copper, wrap it up with electric tape (or fabric tape, plastic split conduit, heat shrink), enjoy your now-running car. Double check the holder after a short test drive, carry spare fuses just in case.
I use the 15/25watt radio shack switched iron. Fine electronics need small irons. Those 50watt solder guns are a little overkill but they melt the solder quickly! Don't hold the wire for too long, copper transfers heat really well.
Finally, don't worry about getting it wrong. Just try. Sometimes you'll make expensive mistakes, but sometimes it'll work and you'll save a bunch of money. I was a kid trying to make a too-old car work with crap tools and no experience once too...old SAABs are far more difficult than old Bimmers!