Let me make it simple for the newbies and for those who are less experienced and knowledgeable. The OP said that if you want to save the value of your assets and protect it for the long term, then do a peg for it. A peg acts like a safe where your asset prices remain the same and do not change within your wallet. This process will save you from extra fees and selling.

But maybe in your mind, the question arises, what if the peg is removed? Or what are the benefits of a peg when it comes to market prices when it stops? The answer is that if you stop pegging, the price of your asset will come to the market price(market orice at that time). From here, the second question arises, and it's too confusing, but don't be confused, as I am here to make it as simple as I can. So the benefit of it is to protect your assets from sudden changes, meaning volatility. People store their values in portfolios, and after some time, when they look at their portfolios, they see a decrease because of the volatility. The pegging process gives you temporary/ long term protection against volatility and market crashes.. There are many more benefits, such as saving on transaction fees and protection against the risks involved in stablecoins (if you store value in them). I hope this post helps you understand this topic.