How do I stop bleeding from my nipple?

Well.....I had my nipple pierced (only one thank god) and right after it started to bleed quite heavily unlike my other one (hmm?).....I decided to take it out and it is continuously still bleed. Now one of the sides is closed but the other is still bleeding heavily and fast. What should i do put some ice, dry it up with a hair dryer, putting pressure didnt work? as well there are no hospitals nor doctors in my area so that is not an option. It may have hit a vein? As well i have learned my lesson never to get a piercing.... still keeping my eear lobes.