Recommend me 4TB of external storage

Soldato
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My main iMac (2019 model) currently has a couple of external drives connected to it, an old 500Gb SSD and a 4TB WD Passport drive. The 4TB drive is partitioned with 1TB for Time Machine backup and the the remaining gets used for photo/video editing (overflow from the 500Gb SSD). Well after backing up a whole load of video footage to it last night I managed to drop the drive and it's making some very suspect clicking noises so I need to replace.

Been ages since I purchased new storage so what should I be going for, an SSD or a nvme type device? and assuming its not worth bothering with a standard external HD these days when it comes to performance?

Any pointers/recommendations given appreciated, cheers!
 
From a performance point of view
I haven't used a mechanical drive in years
Ssd/nvme/solid states just so much faster

From a price point of view though
4tb external will be reasonably expensive for solid state drive
So your budget will be a factor
As well as performance
Manufacturers have lowered production
In order to inflate prices on solid state drives
As they were getting so cheap
Probably be an Easter sale though depending how soon you want it
 
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