Booting from external hard drive Macbook Pro 2017. Is it a good idea?

I own a 2012 macbook pro and recently got a 2017 macbook pro from my family with only 128G hard drive. (to little for my needs).

I am planning to take my old macbook's 500G SSD hard drive and always boot from there on the new 2017 macbook. I'd be using this enclosure/cable.

Is this a good idea? Would I be running into performance or any other issues?

Thanks!

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