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VPS would be a much smarter move at your point. I remember going from simple virtual account to VPS and now I've got a dedicated server.
If you can run your own dedicated server great. If you have no idea how to run one from the command line then you'll need help.
If you need the help make sure these plans include fully managed and get a list of stuff they manage because "fully managed" means different things from host to host.
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