Describe the set whose points satisfy the relations $$|{z-1\over z+1}|=1$$ for any $z=a+ib\in\mathbb{C}$.
Solution: $$ \\ 1=|{z-1\over z+1}|=|{(z-1)(z^*+1)\over (z+1)(z^*+1)}| \Rightarrow \\|z+1|^2=|(a^2+b^2-1)+i(2b)|$$
But here I get a complex equation of degree 4 which I don't know to solve.
Remember that for all numbers $z,w\ne 0$ we have $$\Big|{z\over w}\Big| ={|z|\over |w|}$$
So we have $$|z-1| = |z+1|$$ and thus $z$ is at equal distance from $1$ and $-1$ and thus it is perpendicular bisector for segment between $1$ and $-1$, so it is an $y$-axis i.e. $z=bi$ where $b$ is real.