I have cut off the cuff of old socks (cotton) and slip them on my wrist when my nose runs. I get large quantities moved by air-blowing (been told it was a talent and I was good at it--sometimes any compliment is good) then catch the drips on the sock cuff. I can wash that after every ride where as I don't like to wear my gloves out with excessive washing.

Micro fiber is rough on the nose.