Hi Claudio, to make it simple, the ONLY end you want to cap-off is the one that's sucking air IN.
Hose can be left hanging from PCV-valve or removed entirely. Generally this does not matter. And generally this is all you need to do..
If you cap-off the end where vapors are coming OUT (usually where the PCV-valve is) it will likely cause slight decrease in performance, hotter running temp and oil consumption since you're merely blocking off an exit for the heat/exhaust.
RON'S NOTE: There is no risk of losing power at this point. But it will violate EPA mandates of routing blow-by gases into the intake, as it will allow these caustic vapors into the atmosphere.
Now, Ron has said (correct me if I'm wrong Ron) that on most vehicles you can just leave the PCV valve open to vent into atmosphere. And if that works for you, hurray! Wish my setup was that simple...
RON'S NOTE: The PCV is a valve which is "Normally Closed" and requires force to open. No vapors will issue here.
However, on my '09 2.4 Camry, I cannot do this because first of all the car does not like PCV valves. I've gone through several and the one-way pressure mechanism of the PCV-valve (the inside ball-washer that you're supposed to hear move when you shake it) always gets stuck after a hundred or so miles. So I drilled out the check-valve mechanism inside the PCV-valve to make it completely hollow.
With the pcv-valve completely hollow, there is more venting, and leaving it out by itself creates too much vapor under the hood & travel through cabin air-vents and the smell is not so great, albeit probably not good to breathe...
So, I just connected a 3/8'' id hose to the hollow-pcv valve and the other hose end to air-intake (via drilled-hole & barbed fitting into plastic resonator before throttle body, after MAF). This way all of it vents properly, but under much lower vacuum than the intake-manifold (now capped-off). It's the high-vacuum of the intake-manifold shooting this into the air-mix/pistons/rings at high-temp each round maintaining the perfect condition for blow-by that ultimately kills your engine...
RON'S NOTE: All that was really necessary was filling the valve itself with JB-Kwik. That being said, you did exactly right in connecting the hollowed valve to the intake. Further, you grasp the system VERY well! The below atmospheric pressure will help further draw the vapors out of the crankcase. Good work! Great Sharing!