I am gonna edit this post in like 18 hours but short answer:
- System to play games & games
- If it should also cover livestreams - high upload rate, consistent internet connection
- Capture Card for console projection on your PC/laptop
some cables are necessary depending on your overall equipment
- software to stream and/or record; Open Broadcaster software is recommended: https://obsproject.com/
- a specific cable that you might need for consoles like PS3 to connect to your capture card
- HDMI cable
- probably RGB cable
- a few splitter cables in case you stream from an old TV and cannot use your HDMI cable, in this case you might also need a both-ends RGB cable
- depending on your preference: microphone (with that cover thing because, as silly as it might sound, it is very possible that a person slightly, even very slight spits while talking and that might be heard)/headset/camera; I never use a camera





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