All GoPro cameras cover the basics of action cameras: they’re portable, waterproof, and rugged enough to tag along on any outdoor adventure, and they also take high-quality video. Beyond that, however, there are some big differences across the product line, including some features that are worth paying extra for. Here are the GoPro camera capabilities to consider keeping on your short list.
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The reason I ask what you will be using it for is to determine which set of features you need. If you're going to be using it for simpler activities, don't go all out for a Black edition with a 60fps, 1080p cam (all HERO3's are 1080p, anyways). The reason the Black Edition is so expensive is because of the crazy quality it has, and if you're using it for a more simple basis I wouldn't worry about the difference. The Silver or even White is perfectly fine for you. The main difference between these two is the white's camera has a 5 megapixels with 3fps burst while the silver is 11 megapixels with a 10 fps burst -- is that worth $100 to you?
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Nearly as good as the GoPro Hero 7 Black in features and video quality, but it's just $220 with a waterproof dive housing included. Its electronic image stabilization isn't quite as good as GoPro's HyperSmooth, but it's definitely better than nothing. You also get shooting options like 4K video at 60 fps (with image stabilization at 30 fps), slow-motion video at 1080p at 120 fps or 720p at 240 fps, time-lapse photos and videos, live streaming and raw photo capture. You don't get anything more than the camera, a battery, the housing and charging and external mic cables, but if your main concern is getting good photos and video for less than a GoPro, this is a safe bet. Read more about the Yi 4K Plus.
Image quality, while good for a small action camera, is another area where a camcorder or interchangeable lens camera will come out ahead. Mirrorless cameras and DSLRs use significantly larger imaging sensors, which capture more light and thus lead to superior image quality, particularly when you have to shoot in low light conditions. But even small-sensor camcorders benefit from built-in zoom lenses, which offer a variety of perspectives without cropping the image, as a GoPro does when selecting narrower fields of view.
I have been getting a lot of questions about which type of GoPro camera one should buy if interested. I first think it is great that you're looking into finally getting one, especially after watching the latest events on TV and all of the great camera angles they were able to capture of the professionals. I've had mine for 2 years and could not be any happier. Just last weekend I attached it to my dog on our hike and posted it to Facebook and got some likes from a few cute girls (because likes mean everything, right!?). I'll post the video later this week. I digress, and provide you with some tips when deciding to purchase your GoPro. We also highlighted the difference between the GoPro Hero 4 and 3+ cameras, so be sure to read that for some more help!