The only thing not mentioned is coiling clockwise, otherwise known as 'with the sun', which will keep any kinks from forming in your line. Kinks are dangerous because, if allowed to remain, when the line is loaded they will cause hockling which results in permanent damage and weakening of the line. A clove hitch works well about the top of the coil also. The loop technique relies on the weight of the coil to keep it secure when hanging the coil.
“Scientists are people who build the Brooklyn Bridge and then buy it.”
Wm. F. Buckley, Jr.