Sure, it's a bubble bucket, also called deep water culture. Dynagrow works good in hydro because it's all chemical fert, made in a lab. There nothing organic about it. Organic ferts can be trouble because they are high in carbon and bacteria consume alot of carbon and multiply like crazy where there's plenty of food. Dynagrow is lower in carbon so you have reduced bacteria and fungi overgrowth problems, usually indicated by a water reservior that smells bad.
You can research bubble buckets easy enough, but here's what I've done. Your hydro shop can help you out alot on this too. You get a 5 gallon bucket and preferably it's black so light can't get through. If your water is exposed to alot of light, algae will grow in the water making either a brown or green slime on the roots. If you get a bucket that can pass light through its plastic, you have to cover the outside of it including the lid. People usually use duct tape or something similar for this. But try to get a black bucket with a black lid. Your grow shop should be able to show you some different options for this. They will probably have lids that also work like net pots - hole in the middle with a connected net pot. If they don't carry this, they should be able to order it for you. Or get it off the web.
Once your get the bucket and lid, you'll need to get a small air pump like the kind used in aquariums, so what you can do is go to a store like WalMart and in their fish section you can find air pumps. Get one that is what I will call "medium sized." People will probably say that a small one is adequate but you use to air pump to put oxygen in the water, to essentially keep roots from drowing. I'm not sure if that's the real reason, but roots do better in an environment where they can get some oxygen. This is why it's good to let soil dry out - it lets air get to the roots. You will also find skinny plastic tubing in this section along with blue airstones. You don't need alot of tubing to connect the bucket with the airstone, but you want to get medium sized airstones, either at WalMart or your local hydro store. The hydro shop should have all you need to make this work and their products probably have better quality, but I just use WalMart as an example. They have alot of what you need to make this work.
You'll need a drill with a drill bit just about the size of the tubing diameter, which should be about 1/4 inch. You drill a couple holes in the side of the bucket way up toward the top just under the lid. Don't drill through the lid itself because there will be times where you need to take the lid off and it'll be cumbersome to do with the air lines running through the lid. You're going to run the air lines through the holes you make at the bucket's top. Plug the airstones to the ends of the tubing that go inside the bucket. Plug the other tubing ends to the air ports on the air pump. You're pumping air into the water/nute mix inside the bucket with the pump remaining outside the bucket. Hence the name "bubble bucket," as you're creating a ton of bubbles in the water. This oxygenates the water.
To support your plant you can get those little red ceramic pebbles, I think these are called "Hydroton." Your hydro shop can help you once again. You'll need just enough to fill the net pot that's part of the lid. This is like using light gravel to hold the plant in place. You can get something to start a seed like rockwool, but what I think works better is little dark brown plugs made from a mix of rubber and peat. Put your thumbs where the hole is and you can rip it open a little more to accomodate a seed or clone. Fill the net pot about halfway or so with hydroton and place the little plug inside and fill the rest of the net pot with the pebbles. Fill the bucket with distilled water you buy at the store. You can use tap water but I feel better using distilled. It works good. Put one tsp of dynagrow per gallon of water in the bucket, so 4-5 tsp. You want the top of the water to reach the red pebbles. Once you get a seed in the plug, you need to keep the plug wet. What I've done is to pick up the bucket lid and dip a cup into the water fert mix and replace the lid, pouring the liquid over the plug. You have to do this several times a day if possible, to keep it wet. Once a plant gets going and roots are down in the water, you can stop top feeding.
Whether you're growing in soil or hydro, you need to put a small fan on your plants to knock them around a little. This will strengthen the stems.
One thing you really want to master is cloning. Do this in soil to start with and see what success you get. You can get cloning machines at a hydro store but they're very expensive just for a bunch of plastic. You can research how to make your own on google, which is what I did. Youtube has videos of some good make it yourself cloners that just just fert and water. Once you get down a good growing technique, cloning is necessary so learn how. You might even want to learning cloning before bubble bucket, it's that important.
Other people have their techniques and there's a variety of advice out there, some of it is bad so I say keep your grow simple. Don't let the hydro shop talk you into things you don't need. Just try to keep a room temp between 65 to 75 degrees if you can. Temperature is a big problem with alot of indoor grows. You should consider getting a TDS/pH meter from the hydro shop because it will let you know when the fert in the bucket is low. You typically want to shoot for a pH between 6.0 and 7.0 and a TDS (total dissolved solids) amount around 1200 to 1500 parts per million (ppm). I didn't spend money on a meter however. I just fed the plant as it grew because I was too cheap to buy a meter. Since Dynagrow has most, if not all, that a plant requires for nutes you shouldn't see deficiency problems but it might happen. Have to cross that bridge when you get there. If you place still has high temperatures, like 100 degrees, the water will get bacteria and fungi overgrowth and start to stink. It can be better to get rid of the plant and start over than deal with this stuff cause it's difficult to get rid of. Get a new bucket, the whole bit. But we're into September now.
There will probably be responses that agree or disagree with this but this has worked for alot of people. Once you get it all set up you'll encounter some other problems like seed germination and whatnot but you just gotta have patience and keep trying. Ask people for help too.