Story Point of View: First Person or Third Person?

Alright so here's the deal. I have several story ideas floating around my brain that fluctuate and change basically constantly and build up as well. Well I've finally got the time and idea nailed down for one of them that's really at the front of my mind. The thing is I'm running into a problem as to what tense to write it in. Here we use third person and so I have experience using it but first person is sometimes more effective to connecting to the reader. The downsides to first person tend to be that it can be difficult to express detail and not repeat words like 'I' too many times, also you're restricted to one character's point of view, although I don't know that I really need more than one character's point of view necessarily. But third person sometimes it can be harder to connect to readers through the story. But anyways I'm torn between which tense I should use for the story. (And I have considered writing one story idea in one and another story idea in the other tense but I'm not sure about that)

Anyways what I'm wondering is ...

A.) As a reader which do you generally prefer to read? First person point of view or third person? (And I don't mean for roleplaying I mean for actual fiction books and stories.)

- and -

B.) Which do you think I should use for my story? The story is fiction and involves supernatural/paranormal.

Finally, if you have anything else to comment on or anything you'd like to say feel free to post below I would love to chat with anyone about this.


- Nyx -