I'll start with a 4tb WD purple. If I find I want to store more video or get more cameras I can always pop another in.
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I started with a 6 TB purple and wanted more storage time with 8 cameras. I recently added 3 more cameras for a total of 11 and at the same time added another 8 TB purple. Nine cameras of the 11 do continuous recording to disk at 1080P, and 10 FPS. My videos go back to Dec 17. I use a system with Intel I7 processors and run Blue Iris software. Edit - Bit rate is set to max out at 1000 Kbit/sec