There is a community for self-hosting. Totally recommend posting there , i am sure they have a lot of know how. Hope is helpful.
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I wouldn't say that is the "best way". I'm thinking about spinning an instance up, but I work as a sysadmin and it makes sense to my career. My goal would be to learn a few things in the process and also because I'm in love with this Fediverse thing.
If you don't have the technical knowledge, don't want to learn, don't want to spend a few bucks, I see no reason to do it.
Sure, any instance may be deleted without prior notice, but I doubt the popular ones will just delete content overnight. Don't know if there are plans to mitigate impact on users if something like that happens, but still. Hell, Reddit gave 3rd party apps 1 month to be gone and fuck up its user experience.
I'd say just sign up to a popular sub and just use it. Don't overcomplicate things just because "it's the best way".