The boring way is to but a belt around the tread of the tire and tighten it pushing the bead up to the rim. Air pressure pop it in place. Your way sounds like it's more fun, but I'd worry about caustic chemicals lingering in the tire.
"Religion, n. A daughter of Hope and Fear, explaining to Ignorance the nature of the Unknowable." ~ AMBROSE BIERCE (1842-1914)