<human>: Can you provide a brief rundown of the text in within 3 sentences?

I've been sleeping with a friend since September and since then, we've gotten pretty close. We hang out a few times per week, spend a lot of nights together, and get dinner a lot. We both went through breakups with a long-term partner about a year ago and I understand how difficult it can be to move past that and why he would be hesitant to be in a relationship with me but at this point it is just the difference of a title. 

Every once in a while, we toss around the idea of a relationship but it always ends in us deciding to stay where we are in this pseudo-relationship. There is no expectation of monogamy but it happens to be that way. He asked me to be his girlfriend but I could tell he was only doing that because he was afraid of losing me so that ended before it ever really started. Last week he told me he loved me and I returned it. 

I wanted to try to stay away from him for awhile so that I could try to cool down how I feel about him but being around him makes me so happy and he says that I make him very happy too, so I just do what feels good and spend time with him without being concerned about what we are. 

Am I looking at this wrong? I think for the meantime, it feels nice to have someone and to be close with someone, even without the label, but I know that part of the reason he doesn't want the label is because he doesn't want to feel tied down to anyone right now. He essentially asked me to wait for him to get to a place where he'd want a relationship but I cannot wait for that knowing that it may never even happen.
<bot>: We've been sleeping together, hanging out, and going on dates for 7 months but he says he is not ready for a relationship but told me he loves me and we still continue pretty much dating.