Should newborn sleep in a cot together with both parents in the master bedroom? Or should the newborn be put in a cot in a separate common bedroom with both parents rotated to look after the baby?

Room constraints so bb sleep in her cot with us in our room. This arrangement was especially convenient in the early newborn stage due to the numerous feedings & latching thruout the night. Also im aware when she stirs up. on a few such occasion, it was life saving cos she reflux n got covered in her puke n she only made some muffled sounds for helps which was damn scary for a ftm like me.