Wait until it's large-ish enough and make a little cut. A LITTLE cut.
Then remove the ingrown hair, rub some alcohol and you're done.

>>16609902
I have it since like a year, it is kinda big, i didnt care because i was a fat fuck with no perspectives of getting laid. I also dont know the exact location of the hair. Should i aim to the middle?

>>16609912
How do you know it's a cyst and not a boil caused by your poor diet?

>>16609912
> I also dont know the exact location of the hair.
Well, this is a problem... if you have some neomycin ointment, try spreading a bit over the area and see if the hair is then obvious.

>>16609926
Cause i diet and excersize for more than a year. I also got it after shaving.
>>16609927
May be stupid as fuck, but i considered tearing skin in this area completely and removing it, but thats too harsh.

>>16609942
>tearing skin in this area completely and removing it, but thats too harsh.
Don't do it. Only cut the skin if you're sure there is an ingrown hair and it is where you're cutting. Otherwise you're only harming yourself.

The thing with the ointment is, it tries to "purge" any skin infection to the surface... in this case, I hope it makes the "source" of the infection (the hair) evident.

>>16609942
When those things are bothering me too much, I just use a needle, pierce them, empty them and clean with alcohol. I'm not too afraid of little scars in that area

Also, OP, see this:
http://www.wikihow.com/Remove-an-Ingrown-Hair