Friendzoned ... Kinda

Okay so there is this guy I been " seeing " for almost a little over a month now . We have sex , we see each other every 2 or 3 days , we talk almost every day , all day . We have so much in common , plus we're both Aquarians . We kiss & hug before we say good bye to each other as well . He says he isn't ready for a relationship & he explained to me why but he tells me that likes me . I get his reasoning , but am I wasting my time hoping for something more ? Or should I try to be patient ?