To dream of a nose ring represents feelings about yourself or someone who enjoys believing they are never wrong. A wish to be noticed by others as someone who is never wrong. Showing off to others that all your decisions are perfect or respected as perfect. Vanity about never being wrong. Vanity about being the only person allowed to make adult decisions. Vanity about why your life is too easy.
Negatively, a dream about a nose ring may reflect feelings you have about yourself noticing that you are more special or attractive than others. Enjoying being noticed never having to do anything for anyone else at all. Feelings about yourself or someone else looking stupid being too aggressive. Jealousy of not coming first.