Good Times, Bad Times is the first song by British Rock band Led Zeppelin, on their 1969 debut album Led Zeppelin. The band played this song at their live shows until 1970.

Guitarist Jimmy Page passed his guitar through a Leslie Speaker to create a swirling effect. This type of speaker contains a rotating paddle and was designed for organs, however guitars could be used with it. Eric Clapton also did this on the Cream song "Badge".

Page, also the band's producer, placed microphones all over the recording studio to capture a live sound when this song was recorded.

This song is also notable for drummer John Bonham's use of the bass drum, an effect many subsequent rock drummers have tried to copy.