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can never remember the properties of grade 5 and 8 and the differences.
What are we talking about? I see apples and oranges being compared.
Metric bolts have a two or three digit grading system with a decimal place (i.e. 8.8, 9.8, 12.9, etc)
SAE (english) bolts use totally seperate grading systems. (yes there are a few). A more familiar Grade 5 SAE bolt is approximately equivalent to a metric grade 8.8 and a Grade 8 SAE bolt is somewhere between a metric 9.8 and a 12.9.
Then there are the structural bolts ASTM A325, ASTM A425.
As a general rule, the higher the grade number, the harder the bolt (Higher Yield strength and higher Tensile strength). This also can make the fastener more brittle.
To answer your question, any quality fasteners of the appropriate size will be of sufficient strength to support your engine while it is on a proper stand.
(Be aware of counterfit Chineese fasteners. There are unfortunately unscrupulous manufacturers that will incorrectly mark bolts and nuts with incorrect markings) To be sure, watch out for big chain store type hardware stores. If you can, go to a fastener distributor to insure you are getting quality non-counterfit fasteners.