You know that on a displacement-time graph, the slope at a given point is the velocity at that point. x is the displacement, and t is the time, so the graph of x against t is like a displacement-time graph, but you know the function that represents the line! That makes it easy to find the velocity at a given point because the slope at the given point is the derivative.
Your simplification is perfect, and from there, you can find the derivative with the 'power rule': multiply the coefficient by the power, then decrease the power for each term. e.g. for 2t^5, the derivative is 10t^4, for 6t, the derivative is just 6 and so on.
I hope that explains differentiating polynomials! Differentiate the expression for displacement to get the velocity, and then you can differentiate a second time to get an expression for acceleration.
Merry Christmas!