Okay, it is well after midnight. I am at Jacksonville High School in Jacksonville Arkansas. My hammock is strung between two trees on the side of the road. My wife is in the back of the Excursion dozing. I have two whoopie slings I use to gather the end of my hammock. There is a slip knot holding the rope to the tree. There is a marlin spike hitch with a twig from the ground holding the whoopie sling. Repeat for other tree. Lay down and relax. Process took me about 3 minutes. This is the second time I have ever hung in this hammock. I got it two weeks ago. My first real camping hammock.
There are newbs like you and me that need to keep it simple. There are guys like Shug that are true masters of the art of using the hammock and all its bits and pieces. And there are true scientists like Grizzly Adams that know the ins and outs of why the hammocks keeps you off the ground. There are inventors like Dutch that have built from scratch really cool things to make hanging lighter.
Take each person and keep them seperate. Glee. What each one can teach you. Then take that knowledge and use it as you deem best. What works for you won't be the same as what I use.
Explore, enjoy, relax.