My nipple is bleeding!

Ok, time for one of those wierd posts.

Next to my left nipple there is a hair. Now, for some unknown reason, this hair grows and becomes ingrown and starts annoying me greatly, as the area becomes a tiny sensitive bump that hurts even when my t-shirt rubs it. So as soon as I can, I remove it, temporarily relieving myself of most of the annoyance.

Now of course, hair regrows, so a few days later it's back, and just as annoying as it was before. Wash. Rinse. Repeat.

Well, I just got it out, so I guess I'll see it in a few days again. For some reason it bled a few tiny specs this time.

Any suggestions? :P