When i try turning on the ps3, it blinks red

Yes this sounds like the YLOD - caused when the GPU and the CPU overheat - you can send it in to fix but they will charge you for this. Or you can fix it yourself from home with a good repair guide.
CLICK HERE FOR A GOOD REPAIR GUIDE

You will have to get this repaired. If you want to save your data and get the best prices, you should try www.videogame911.com. They are also very fast,

PS3 turn on goes green then flashing red is not a new issue. Please read this post and you can find the solution :
PS3 Red Light Blinking Fix

Try following the 8 Steps to Troubleshooting Any PS3 Issue.

make a new account

press btton 2 times and keep fan near it over night

You need to send it to the Sony Repair Center. It sounds like your BlueRay drive is maybe messed up.

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u have to wait for about 30 mins before turning it back on
coz when it does that it's tired

hope this helps

sorry mate i cant fix it but my buddy has a problem with his also
his ps3 freezes even in the menu screen and during video chat it shuts off