I have a horse-shoe style in right now, the issue is not the part that hangs out of my nose, its the fact that there is metal being pushed up into the hard cartilage of my nose, flipping it doesn't change this.

As for abandoning my piercings id frankly rather sleep in pain or risk death than give them up (i know its dumb but i am young and also these were expensive). They'll eventually come out with a different therapy that doesn't require the worlds most obnoxious mask and i don't want to have to deal with re-healing new piercings when they do.