What does it mean when a guy says he "wants to take it SLOW!?"?

If you like this Guy, you will NOT confront him over your relationship. If he wants to hold hands with you, he will. It he wants to kiss you, he will. He is obviously a shy guy and needs to build up the courage in his head before doing what he really wants. Give him some space. He has not done this before so I guess he is testing the waters, so to speak. If you really want this to work, just go with the flow. He will gain confidence as he gets closer to you.