Given z2−1=∣z∣2+1, By squaring both sides we get, z2−12=(∣z∣2+1)2⇒(z2−1)(z2−1)=(∣z∣2+1)2[. as ∣z∣2=zz]⇒(z2−1)((z)2−1)=(∣z∣2+1)2⇒(zz)2−z2−(z)2+1=∣z∣4+2∣z∣2+1⇒∣z∣4−z2−(z)2+1=∣z∣4+2∣z∣2+1⇒z2+(z)2+2zz=0⇒(z+z)2=0⇒z+z=0⇒z=−zIf z=x+iythen z=x-iy ∴x+iy=−(x−iy)⇒x+iy=−x+iy⇒x=0∴z is purely imaginary.So, it is lie on the imaginary axis.