That is a tricky question to answer, as it depends on what you are looking to do with the 8 GB Kindle Paperwhite.
If you are mostly reading books, maybe listening to some audiobooks, then 8 GB would likely be enough. 8 GB of storage can hold upwards of thousands of books, which is likely enough to last a while. Even if you store a variety of content, 8 GB should still be enough to meet your needs, since various features like the Goodreads integration, X-Ray, and Word Wise work without downloading extra content.
However, if you hope to install a large amount of extra content and apps, such as games or videos, then 8 GB might be too small. If you plan to store large files, like high-resolution images or zip files, then you might experience running out of room quickly. To get around this, you can access your media collection in the Cloud.
Ultimately, 8 GB may be more than enough for what you need, depending on what you plan to do. If your goal is to have access to as much content as possible, then you should consider a Kindle with more storage, such as the 32 GB Kindle Paperwhite. If you are good with mostly just reading books, then 8 GB should do the trick.
Hope that helps!