Nvidia GTX 1650 is a very powerful card compared to GTX 1050ti . You can do editing on the card but for very high end editing, I would suggest you to go with different card.
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Yes, the card can handle this sort of high end rendering without problems , but if you want something which is faster and can handle higher resolution you can go for some cards in the RTX series. You should prefer the higher end cards if your budget allows, as they will not require replacing for many years.
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