Hi, me and 3 friends have a wordpress website which we planned to switch over to DO, due to my current host provider over charging us for traffic and storage. I am just wondering if someone could break it down for me whether the high volume at $160 / mo, is able to sustain my site. We are trying to keep hosting cost as low as possible, trying not to exceed $300 because, we also have multiple game servers we need to host.

16GBMemory
8 CoreProcessor
160GB SSD Disk
6TBTransfer

My website is mainly text and images, around 12-25 PNG images per post. We also let users download our gaming modded content; each files varies from 30mb to 400mb, mostly free. During peak traffic, we can have up to 500-1,000 concurrent users serving our website and this will grow to 1,500 in another 6months time.