1997 Honda Civic Acceleration. Sluggish.

I have a 97 Civic LX with a 1.6L D16Y7 Engine. When im stopped at a light and give it some gas to make a turn or something. The car doesnt launch like it should. Instead it goes slowly and the car feels like its doing a burnout on gravel. Like wheel slippage. It does it for about 2-5 seconds then it kicks in. But it doesnt do it if I accelerate slowly and take my time. As well it also does it when im driving at about 50-60 mph. Then when I give it alot more gas it stops and the car starts to increase in speed. Sometimes when it does it the engine makes a noise as if its spraying something with every rev. It also does it in park when I rev it fast it hesitates as well. Im not sure what it is and I dont want to pay a mechanic to take aport everything because im 17 and dont have the money for that.