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I would highly recommend to stay away from tanks. Because their requirement for placing outside of a ship - they need too much effort for crew's logistics. Waste tanks, probably, are lesser evil, but only if you can build pipes from guest dock to these tanks.
Do not rush debt payout if it's unlocking ships tier. New ships require new type of fuel and old fuel become less profitable. Use it only if you can make newer fuel type.
First of all, I would like to point out that, although I've had the game for a while, I never played much until this last week, and this is my first actual play-thru. I'm still finding stuff out. I just thought to give other *beginners* something to start with. You seem to have played a little longer, so for you, whatever I'm doing may all seem rather wasteful. But not to the *noob* who knows even less than I do.
As I figure out more about the game, I'll expand the top post with more tips.
The noob doesn't have the tech to build pipes yet; they must *unlock* the tech, which costs tech points. And as long as they haven't paid off their first $2,000 of debt yet, selling *anything* is a waste. The only way to get money and tech points, is to store lots of waste water. But that stuff needs to *go* somewhere. Tanks are more efficient than storage and also cost less to build. And for clean water tanks you don't even have to do research. And storage needs to be built on modules which can *not* be removed again. Tanks *can* be removed later, if you don't need them anymore.
Breaking down water into LH2 and LOX is all great, of course, if you have the tech to do so. Fortunately, that tech isn't too expensive, but then it takes a while before you have the parts to make the Liquid Fuel Plant and a lot more time to actually produce LOX and LH2... And then you still need to find customers to sell that stuff to. Or you must store it somewhere... apparently in tanks!
In the meantime, if you have paid off the first $2,000 and thus lowered the tax to 50%, selling 2,000 kgs of water doesn't seem like a waste, but would actually be a good start. You would earn another $3,000 and 400 tech points. Remember, most of that water was obtained by cleaning up waste water that people paid you to take from them. So it's a win-win-win to start with. And after selling some water, you also get to break down a few of those tanks that you don't seem to like, and the pipes :-) All those resources can then be reused.
It may indeed seem wise not to hurry to pay off much more than those $2,000, although at some point you will *have* to, if you want to meet the visitors to sell that LH2 and LOX to, that is. And if you don't sell some water, and you don't use tanks to store the stuff, where the heck do you leave it all? Your station needs to keep growing much faster for the storage, and your tech level grows much slower.
I truly appreciate the tips you offered, but in the beginning *some* concessions must be made to get a start.
Mine ice, convert it to a water and convert water to a fuel - is the way to gain money early. Only after that, you should think about water recycling. And only as a source for additional water for a fuel.
Tanks for a fuel - absolutely not worth efforts, you will sell it faster than it will fill basic storage. The same with clean water. If you have 2000kg clean water - you did something very wrong.
I rather convert it... I agree it is a more expensive tech to get, but that's what you collected the waste for, to get the tech points.
And I would *NEVER* suggest selling the Toxic waste. At -$400, that would indeed be a stupid move. But every TWENTY waste water that you convert, gives you only ONE Toxic waste, so it takes much less space to store. And later you can always get the Toxic burning tech which turns it into minerals. No negatives money at all!
Wrong is a VERY strong word... So yeah, maybe I was silly not to convert it to fuel yet. But even though the tech is easy to get, it takes a bit to get the components you need to build the first Fuel Plant. You're constantly in need of more power, more man-power, more materials...
And didn't I mention that I was NEW at this game and still figuring out how to play and that I would expand the top post as I figured out more?
Maybe building fuel tanks is a waste of effort, considering how much water it takes to make a little fuel. But if you don't have the materials yet to build a LOT of fuel plants, making fuel is also slow. So I'll keep selling water for tech points as long as i'm not making and selling lots of fuel yet.
So if, from your perspective, collecting and selling 2,000 kg of water to boost my tech points is very wrong, then from my perspective, dumping waste water is really stupid, since there's water, minerals and more tech points in there!
We all have our own opinions. Let's leave it at that, okay?