Should i have sex with my boyfriend ?

Well,me and my boyfriend have been dateing for 7 monthss and been known eachother for a year. i really like him and he always tells me he loves me but thenn when he asks for my virgintity i dont want to because i've been hearing at school that hes gonna " Toot it & Boot it " pretty much means have sex then leave you & never talk to you again. Today , we were supposed to have sex but i called it OFF not just because am nerves but becauseee there alot of teen moms out there & i dont want to be one of them ..Well hopefully someone could help me out here !