I can tell you what I do, but there are lots of variations. . . .
Yes, dump the moss in a pot of hot water. Let it soak for a few minutes. Then squeeze all the water out as well and you can. Toss the cuttings in a plastic bag, with the moss covering both sides. Put the closed plastic bags somewhere warm and dark. Open them every day or two just to admit some oxygen, then reclose.
Many growers wait for the cuttings to show roots. I don't, because I'm afraid I'll just break off the roots in the transition to cups. So after 2-3 weeks in moss, I move the cuttings to plastic cups (with drainage holes). I use a mix roughly 2/3 peat-moss-based growing mix and 1/3 perlite. That provides good drainage, so it's almost impossible to overwater. Don't use vermiculite, which stays too soggy for cuttings. I put the cutting 90% into the mix, with only 1-2 nodes exposed. Usually I'll put a cover on the cup -- a baggie with a hole cut in a corner for ventilation, fastened by a rubber band -- until either there are good roots showing or the cutting seems moldy. Keep the cups in the dark until leaves start to sprout, but be advised that leaves can appear without roots as the leaves can use nutrients stored in the cutting.
Once there are roots, I take off the cover so that the roots can do their work. At that point, I also start watering more. When the cup is fairly well full of roots, I'll up-pot it. You need to do this carefully. It's easy to break the roots.
i generally don't use hormones. They do seem to make roots appear sooner, however.
After mold, the biggest risk seems too be that the cuttings sprout leaves without yet sprouting roots. If that happens, there is a serious risk that the cutting will exhaust its own resources. The leaves will wither and the cutting die. I don't know any way to reduce this risk; maybe starting the cuttings in the dark helps.