For some reason, most modern hunters do not know this and that makes finding well skinned hides a real challenge. There are absolutely no advantages to knifing a skin off. How To Skin Hanging the deer makes it easy to use your body weight to pull the skin off. It also assures that the meat will stay clean. You can either hang it from the neck or from the legs.
Most people prefer one way or the other.
I like them both. The antler tines hit my forehead. Do it within a few hours of the deer's death and it will peel off especially easily. To hang a deer by its back legs, find the large tendon that connects the lowest leg segment with the rest of the leg. Poke a hole in between that tendon and the leg bone.