Wow, I'm confused by the terminology! I don't know what a cot is? And does Moses basked = bassinet?
Anyways, for me here in canada, I'm putting the little man in a bassinet by my bed for the first while, for ease of having him handy for nighttime feeds. However, had the bassinet not been given to us, I wouldn't have bought one as he'll grow out of it quickly.
Then straight to the crib (and by crib I mean the things with a rails and a mattress that can be set high when their little and drops to a lower setting as they grow. He'll stay in that till he's ready for a proper bed.