Using the bolt to pull it on may strip the threads, which you don't want to do.
It would be much better to use a harmonic balancer remover/installer that's built for the task. The threads in the crank snout will be stationary when pushing it on, so will be much less likely to strip. The threads on the remover/installer are built to take the stress and there's usually a bearing involved on the turning portion to reduce friction.
