First get rid of clutter. If you do not wear it, use it or display it - it is junk! "I might need it some day" or "It is still good" or "I paid a lot of money for it" or "It belonged to my Grandmother" are not reasons to keep anything that you do not wear, use or display. I might need it is an out the window excuse. Toss or donate. It is still good - great - donate it to a local charity and take a tax deduction. I paid a lot of money - well you wasted your money because you are not wearing, using or displaying. Donate or sell. It belonged to my Grandmother. The most difficult of all. I have many things of great sentimental value - every one of them is either used on a regular basis or on display. I had to come to grips with the fact that keeping stuff that belonged to a loved one did NOT honor their memory unless it was either displayed or used regularly.
For optimum use of space use space bags for bedding, linens and out of season clothes. Label the bags. Those compressed bags store an amazing amount of stuff in a very small space.
There is no rule that says you have to use your bedroom closet for storing clothing. You may want to keep a section for hanging clothes. You also need to store shoes, handbags, belts and other accessories. Look at Closet Maid solutions. They are very flexible. You can easily cut the wire shelving to size using bolt cutters. Use the entire closet - ceiling to floor. Use the inside of the closet door to store handbags, belts and other accessories using screw in hooks or small nails.
If you are going to store crystal and china store it in quilted boxes designed for crystal and china. Check Bed, Bath and Beyond for china storage.
Think outside the box. Get creative. There are no rules (except get rid of clutter) - there are solutions.
The older I get the more I want to simplify my life. Getting rid of clutter and organizing leads to peace of mind and an ease of living.