I got a playpen with a bassinet for when shes tiny, but have a crib for when shes a few months older. I did the playpen because I can take it on trips, and she can still use it when she gets older, I can have it in the living room or anywhere. A bassinet works for newborns for a short time, so in the long run I'd do a playpen with a bassinet option, don't have to get the big ol fancy ones either. I think I spent 60 on mine. And a crib that grows with your child is good as well.
Either or is fine. I loan on keeping my baby in its crib in the nursery for naps during the day but in no room in a bassinet at nite that way changings and feedings are easier for the first month or so.
Some bassinets have cloth around the sides. It's not safe considering SIDS (sudden infant death syndrome). Babies are safest in a crib by their self with nothing in it not even blanket
I've always covered my baby