A reader needs your HELP

I would just like outside opinion and help on this issue i have.
I have been dating my boyfriend for a year now and we are very much in love. I’m not one of those girls who claim that the man love me when he does not. But we spend everyday together, he gives me anything i desire as long as he has the money. We are both 21, just born 6 days apart and he is my cousins best friend, i knew him since we were 16 and i have always had a quiet crush on him. He lives in New York and i live in Connecticut, but i have alot of family in NY and travel there quiet frequently. I moved to NY in 2010 to go to college because i was tired of Connecticut and i was very excited when he revealed to me that he had a crush on me also. Since that day we have been inseparable spending everyday together. We both agreed that we wouldn’t talk to anyone else because it would just bring complications into our relationship. I do not ask about his past relationships because i really don’t care about who was before me. We had a few arguments but we always make up shortly after reminding ourselves that we love each other whether good or bad and we will not just up and leave our relationship. I recently had to move back to Connecticut for financial reasons with school and we agreed that we would continue our relationship because i have every intention of moving back to NY. Its been two months that i have been back home and a month ago he admitted to cheating on me in the beginning of the relationship, and also a couple months before i left NY. I had no idea so he really didn’t have to tell me anything but he said he told me because he loves me and it was nothing but sex with the other girls. I told him that we could talk about it and work it out. He don’t want me talking to any guys and tells me how much he loves me and how happy i make him. Now, a week before our anniversary he tells me that he has a girl friend, a co-worker, from his job that he chills with after work and they like each other but agreed that they wouldn’t further their relationship because he is in a relationship and she is also talking to someone. He also told me that he doesn’t want to be in a relationship with anyone right now but he does not want to lose me. He wants to be able to do his own thing without worrying of the consequences of feeling guilty for doing his dirt. I’m not sure if i should move on and try my best to get over him which would be hard because for the past year i have shut everyone out my life and he did the same but now he wants to meet new people. Or should i be his friend and wait for him to get over this stage although its not a guaranteed that we will get back together. I’m very heartbroken because after all that he has said to me, it’s hard to believe that someone will just allow love to walk out their life. Opinions are needed, whether you think i am stupid for still loving him just please be honest and i appreciate it.
From a brokenheart