Here's another way to make a 3D text with photoshop, this method is simple and yet it can have different results by changing a few things in its execution.

STEP 1:

I create a new document, 500*500 pxl, By using File-->> New (Ctrl+N).

STEP 2:

I place my text at the centre of my image (I chose a color black), By using Horizontal Type tool (T).

STEP 3:

I rasterize the layer of my text and I called it text1 by using Layer-->> Rasterize-->> Type.

STEP 4:

then I change with the prospect, By using Edit-->> Transform-->> Perspective.

STEP 5:

I use filter-->> Stylize-->> Emboss with the following adjustments:Angle: 110, Height: 6, Amount: 105.

STEP 6:

I will now create my volume, for that I select my text1 layer, and then I take the tool Move (v) and I press alt while pressing the top arrow (about 26 times).

STEP 7:

I merges all my by selecting all my layers thin use Layer-->> Mearge layers (Ctrl+E).

Step 8:

Add a drop shadow: distance 50 and size 50. By using Layer-->> Layer style-->> Drop shadow.

See the final work below:

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