Accepted answer
It gives 16 mg/mL, and whether that is sensible depends on the dose you will draw from it. 8 ÷ 0.5 = 16 mg/mL in sterile water for injection. A 0.5 mg dose is then 3.1 units on a U-100 barrel and a 1 mg dose is 6.3 units. The smaller dose lands too low on the scale to read accurately — more diluent would buy resolution you cannot recover later.
The short version: more diluent means a lower concentration, a larger volume per dose and a finer reading; less means the opposite.
For a dose that will change during titration, choose the volume for the largest intended dose rather than the first, so the whole schedule fits on one barrel without a mid-vial recalculation.
Stated carefully, dead-space loss scales with the number of draws, not with the concentration, so a lower concentration spread over more draws loses proportionally less of the total peptide.
Published content assay results across the independent testing services show nominal and measured content differing by one to ten per cent, which makes content the dominant term in dose error.
Measure a volume you can actually measure. Round numbers, real syringes.