I have a problem with the fact that you have only known each other over the phone for three months, have only met once, and he says that he loves you. Did you sleep with him upon your first encounter? I have a feeling you did, otherwise how would he know you didn't have sexual chemisty.
To me this has bad news written all over it. If you want to remain cyber friends, then fine. But other than that, I would try and meet people the traditional way. Face to face, in your own area, and then go on real dates.
When someone tells you something like about how they feel, especially if you don't know them that well in person, believe them. They know themselves better than you do. You never know who is at the other end of that keyboard.
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