Patch 5.3, like all new updates, is attracting a throng of returning players, many of which will be undergeared and willing to spend Gold to catch up with the rest. While the profits might not be as lucrative as with the new items, there may be less competition here. The key here is scanning the market for in-demand leveling gear and producing the right amount to avoid getting stuck with an unsellable stack of outdated items.

One of the most profitable ways to farm in patch 5.4 is to buy Potions of Luck from the auction house and head to the Vale of Eternal Blossoms. In the northwestern corner, specifically the Ruins of Guo-Lai and the Guo-Lai Hills, there's tons of mobs that can be aggroed in huge groups and AOE'd down. The Potion of Luck will increase your chances of finding loot on the monsters, and these mobs in particular drop good crafting mats, Skycrystals, motes of harmony, and Gou-Lai keys. Many guides tout this as the greatest way to farm gold; depending on your ilvl and clear time, you can earn anywhere from 2.5-7.5k an hour.
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Mythic+ rewards will also go up by 30 item levels; however, during the first week of Season 2, rewards from end-of-run chests will be capped at Mythic 6 quality (item level 385), and the chest you open next week will contain Season 1 rewards if you do a Mythic+ run this week. (So, for example, if you do a Mythic 10 during the final week of Season 1, you’ll get a Season 1 item level 380 piece and 60 Residuum from your first Season 2 chest.)
All are used for some crafts still, and depending on your server you can profit solely by buying mats on the AH, doing your transmute CD, and reposting. Heck many don't even need transmute master to be viable. This can be especially good for those of us who have been playing continuously for years and as a result have alts, many of which that aren't even max level, that we used back then that can still be used.
But every new character made that wants to craft old expansion stuff will have to level using expansion specific materials. Stocking up on profession materials that are already high in demand can be a great idea. This will primarily be materials used to craft the various mounts. Ghost Iron, Trillium, Living Steel, Pyrium etc. are all great candidates to stock up on.

Plus, I am a pet collector, and there are plenty of pets to collect in the new dungeon. Completing the dungeon’s challenge mode grants players a Mini Spider Tank battle pet. Continue playing on a weekly basis to earn currency towards items like the Unopened Gnomeregan Supply Box, Mechanical Cockroach, Schematic: Mechantula, Leper Rat Tail, and Rechargeable Alarm-O-Dog Battery.
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The thing I liked best about the wide shuffle of those days was that it made ALL of my alts feel valuable. I'd get some ore some was sent to the miner to be smelted and then on to the blacksmith for belt buckles. The rest went to the jewelcrafter to prospect. Some of those got cut, the rest got turned into jewelry that was either sold or disenchanted. The enchanter then converted those mats into scrolls. Meanwhile the army of alchemists transmuted that expansion's elemental material (volatiles, sorcerous, etc). It felt like a whole business operation.
The best way to collect AP is through world quests, a system that allows players to complete menial tasks to earn moderate rewards. A finite amount of AP spawns on the map through these quests — generally at least 2,000 a day. I’ve likely done most of these quests close to 20 times in the course of preparing my various characters in the 45 days since the expansion launched. In some cases, I’ve replayed them as many as 50 times.

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Inscription and darkmoon decks remain highly profitable still as long as you approach it with the right mindset and understand that it is a commodity market and the goal is not necessary to sell crafted decks. For me, it's an exercise in managing purchasing Linen & Herbs below market, balancing opportunity cost of converting linen to expulsom, and mass purchasing underpriced individual cards and relisting them at a profit but under the crafting cost so that they move. That's the primary goal, and you naturally complete decks that you sell but you don't go out of your way for.

Cooking might be a fair surprise to some people but the thing is cooking is not a primary profession and usually it’s overlooked. I believe that’s why it’s still a valid method for making gold. The cooking products sell for like 20-30 gold each and people just don’t care about them. If you craft like 2000 cooking products in a day and get minimum 10 gold from each, that means 20k gold every single day.
The thing I liked best about the wide shuffle of those days was that it made ALL of my alts feel valuable. I'd get some ore some was sent to the miner to be smelted and then on to the blacksmith for belt buckles. The rest went to the jewelcrafter to prospect. Some of those got cut, the rest got turned into jewelry that was either sold or disenchanted. The enchanter then converted those mats into scrolls. Meanwhile the army of alchemists transmuted that expansion's elemental material (volatiles, sorcerous, etc). It felt like a whole business operation.
That’s because armor of higher level has higher Azerite power requirements than lower level armor. That means a shiny new piece of Epic gear will have better stats but, unless you’ve been diligent about your Azerite power grind, won’t have as many traits unlocked. You lose options as you earn better gear. Eventually, you’ll grind out enough Azerite to earn those traits back, but you’re left with limited customization until then.
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Professions skills are split between expansions now, you'll have a separate skill bar for each expansion. There are still 950 profession levels in total, just that there is no one single progress bar with 1 to 950 for it anymore. Instead, there are 8 separate progress bars. (The only exception is Archaeology, because it will still have a 1-950 progress bar)
Jewelcrafting, buy/get ores, prospect them, craft blue gems and put in the ah. With all the greens and some Monolite from the scraper or your druid* farmer alt (imagination exercise here if you don't have one yet), you can craft green rings, sell them or just disenchant them, for enchanting mats that can be used for sells enchants or just raw mats.
Another dungeon farm, this time in Uldum, Tol'Vir trash mobs drop loads of embersilk cloth. Stacks of this tend to sell for a tidy profit, though prices vary depending on the realm. A typical clear of the dungeon takes about 5 minutes, netting about 7.5k per hour in cloth, vendor trash, and various other drops like mats and BoEs. Pick up a Potion of Treasure Finding and farm to your heart's content! It's just as profitable on normal mode as heroic, too, making farming all the quicker and easier.
Island expeditions require groups of three players to venture to islands with randomly spawned enemies and piles of AP. The island expedition ends once they collect a certain amount of AP, and they are granted about 300 AP as a reward — unfortunately, players don’t get any of the between 6,000 and 12,000 AP they collect during the expedition. These missions can take anywhere from three to 20 minutes, and never once offer any real challenge or depth.

Mythic+ rewards will also go up by 30 item levels; however, during the first week of Season 2, rewards from end-of-run chests will be capped at Mythic 6 quality (item level 385), and the chest you open next week will contain Season 1 rewards if you do a Mythic+ run this week. (So, for example, if you do a Mythic 10 during the final week of Season 1, you’ll get a Season 1 item level 380 piece and 60 Residuum from your first Season 2 chest.)
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