What are the key takeaways from James Hicks's discussions on altcoins?

Based on the available content, here are some key takeaways from my discussions on altcoins:

• Altcoins are cryptocurrencies launched after the success of Bitcoin, often presenting themselves as better alternatives.
• As of early 2020, there were more than 5,000 cryptocurrencies, with altcoins accounting for over 34% of the total cryptocurrency market.
• There's a lot to learn about the history, trading, and mining aspects of alternative currencies, and it's important to be aware of the do's and don'ts.

Remember, it's crucial to do your own research and understand the risks before investing in any cryptocurrency.

Would you like to know more about a specific altcoin or aspect of cryptocurrency trading?