Suggestions on the best way to store Skills/Items

Unity Engine
1

I am in the process of designing skills for the player characters, but I was wondering what is the most effective way to about storing/organizing them. I have been researching this for a few days and I have seen a lot of answers. Programming guy I was speaking too said I should go for a more in depth organization that organizes by Type → Element ->Charge
->cooldown

Can I have some advice before I take a wrong path?

Variables my skills will use:
Type ( physical or special - formula will use Atk/Def or Special ATK/ Special DEFdepeding on type)
Element (10 types)
Power
Accuracy
Hits
Charge
Cooldown

This one looks close to what I was envisioning, but is it a smart way to go about it?

MENU SCRIPT
{
      SaveInformation(Skill1ID = Slot1ID)
      SaveInformation(Skill2ID = Slot2ID)
      SaveInformation(Skill3ID = Slot3ID)
      SaveInformation(Skill4ID = Slot4ID)
}
PLAYER SCRIPT
{
      IF (Presskey(1)){
      skillDataBase(LoadInformation(Skill1ID))
      IF (Presskey(2)){
      skillDataBase(LoadInformation(Skill2ID))
      IF (Presskey(3)){
      skillDataBase(LoadInformation(Skill3ID))
      IF (Presskey(4)){
      skillDataBase(LoadInformation(Skill4ID))
}
SKILLDATABASE SCRIPT
{
    function ID1(){
    string name = "Fireball"
    int damage = 5
    int manacost = 3
    int castTime = 0.5f
    float castRange = 3
    instantiate (fireball, player.position, player.rotation)
    }
    function ID2(){
    string name = "Arcane Strike"
    int damage = 5
    int manacost = 3
    int cast time = 0.5f
    float castRange = 3
    instantiate (arcanestrike, player.position, player.rotation)   
    }
   //etc, 20 more skills
2

Hello [Icebrain]( Suggestions on the best way to store Skills/Items members/icebrain.1563580/),

U can use scriptable objects and create assets files directly of a particulate skill. That way u can edit them easily and they can also be organised. Hope this helps.

Thank you.
Raviraj.

3