Third Person. First Person is a little tricky, since it's harder to spot bad guys and camera angles can get a little strange at times.
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I prefer the third person perspective. I like to see my characters and how they react to their environments. I don’t mind the first person perspective and I don’t necessarily think that character development suffers when it is implemented (this depends on the storytelling more than anything) but I definitely have my preference.
I seem to enjoy third person survival horror video games more than first person ones.
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For the most part I prefer third-person gaming over first-person. Though, this all depends on the game.
First-person can be beneficial when it comes to playing a shooter. Role-playing on the other hand usually leaves much to be desired from any lackluster experience you'll have with titles such as The Elder Scrolls series or Borderlands. The first-person works, but it doesn't work well in these particular releases. In certain first-person games more than once I've found myself discombobulated by the perspective when it comes to hunting treasures and the perspective of scanning every little spot up close has gotten me sick to my stomach.
It's in third-person where you can not only see the character but more than not find a much stronger storyline to follow. From galloping across a Western countryside to battling enormous snakes and spiders, the third-person view has more so led to the greatest games ever made. Sure enough though, there's other perspectives out there to to fancy, whether we're thinking of 2D or isometric.