New to the game!

I am brand new to the game, but I feel like I made a big brain play already! Can you guys verify for me? So, I managed to get the ring of sacrifice and thought, OK, I'll save that. I get to the bridge, in the Burg, with the grenade spammers and see loot being guarded by the big shield knight, just below the bridge. I had already died to him numerous times. I decided to put the ring of Sacrifice on and roll off the opening in the bridge to land on the ledge below and pick up the ring to be killed by the knight and respawn with the "low HP" ring. I gave myself a big pat on the back for this one. Was it as brilliant as I think it is?